Welcome to our dedicated page for American Strategic Investment Co. SEC filings (Ticker: NYC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The American Strategic Investment Co. (NYSE: NYC) SEC filings page on Stock Titan brings together the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Maryland corporation with securities registered under Section 12(b) of the Exchange Act, American Strategic Investment Co. files periodic reports and numerous current reports on Form 8-K that document material events affecting its commercial real estate portfolio and capital structure.
Through its Forms 10-Q and 10-K, investors can review detailed financial statements, including revenue from tenants, operating expenses, Net Operating Income (NOI), Cash Net Operating Income (Cash NOI), EBITDA and Adjusted EBITDA, along with reconciliations from non-GAAP measures to net income or net loss. These filings also provide information on portfolio occupancy, lease terms, tenant concentration and debt structure. When a quarterly report is delayed, the company may file a Form 12b-25 (Notification of Late Filing), explaining the reasons for the delay and indicating whether it expects to file within the extension period.
American Strategic Investment Co. frequently uses Form 8-K to report material events. Recent examples include notices from the New York Stock Exchange regarding continued listing standards, acceptance of the company’s business plan to regain compliance, changes in the independent registered public accounting firm, notices of default and loan acceleration on indebtedness secured by specific properties, and the release of quarterly earnings and investor presentations. These 8-K filings often incorporate press releases and supplemental financial information as exhibits.
On Stock Titan, these filings are updated as they appear on EDGAR and are accompanied by AI-powered summaries that highlight key points, such as changes in listing status, significant property transactions, loan defaults or accelerations, and shifts in auditor relationships. Users can quickly scan the AI explanations for 10-Q and 10-K reports, review Form 8-K items describing material events, and track how American Strategic Investment Co.’s regulatory disclosures reflect developments in its New York City commercial real estate portfolio and financing arrangements.
American Strategic Investment Co. granted shares to its external advisor instead of paying cash fees. The company owed the advisor $1,910,169.12 under an advisory agreement. On April 30, 2026, the compensation committee approved issuing 232,098 shares of Class A common stock to fully settle this amount.
The shares were granted as “Advisory Shares” under the 2020 Advisor Omnibus Incentive Compensation Plan and issued pursuant to a stock award agreement. The issuance was made as an unregistered sale of equity securities relying on the Section 4(a)(2) exemption under the Securities Act of 1933.
American Strategic Investment Co. is holding its 2026 annual stockholders meeting as a virtual-only event on June 2, 2026 at 2:00 p.m. Eastern Time. Holders of Class A common stock at the April 10, 2026 record date, when 2,692,941 shares were outstanding, may vote.
Stockholders will vote on electing two Class III directors to terms ending at the 2029 annual meeting, ratifying CBIZ CPAs P.C. as independent auditor for 2026, and approving a non-binding advisory resolution on executive compensation. The company is externally managed by an affiliate of AR Global, and Bellevue Capital Partners and affiliates beneficially own 1,568,988 shares, or 58.3% of the common stock. For 2025, CEO Nicholas S. Schorsch, Jr. received total reported compensation of $906,047, while CFO Michael LeSanto received $365,276, including restricted share awards under the 2020 Equity Plan.
American Strategic Investment Co., a Maryland corporation focused on New York City real estate, reports on a portfolio of five properties totaling 0.7 million rentable square feet as of December 31, 2025, excluding 1140 Avenue of the Americas, which is in consensual foreclosure.
The company shifted strategy away from a pure REIT model, revoked its REIT election effective January 1, 2023 and now operates as a taxable C corporation, supported by federal net operating loss carryforwards of $340.4 million fully reserved by a valuation allowance.
As of December 31, 2025, the portfolio was 80.3% occupied with a 6.1‑year weighted average remaining lease term, heavily concentrated in 123 William Street and several large tenants such as Planned Parenthood and Equinox. Liquidity is strained: cash and restricted cash fell to $8.0 million from $18.9 million year over year, the company carries $249.6 million of debt, is in covenant breach on $60.0 million of mortgages and has been notified of alleged defaults it is contesting. Cash traps on certain loans and the absence of cash dividends since March 2022 underscore funding and refinancing risk.
American Strategic Investment Co. furnished its fourth quarter and full-year 2025 earnings call transcript, highlighting a smaller but more focused New York City office portfolio and continued asset sales.
Revenue for 2025 was $43.3 million, down from $61.6 million in 2024, mainly because the company sold properties including 9 Times Square in late 2024 and 1140 Avenue of the Americas in fourth quarter 2025. Despite lower revenue, GAAP net loss attributable to common stockholders improved to $21.2 million from a $140.6 million loss in 2024, aided by a $46.6 million gain from a cooperative consensual foreclosure tied to 1140 Avenue of the Americas.
The portfolio at year-end totaled $382.6 million in value and 0.7 million square feet across five New York City assets, with 80.3% occupancy and a weighted average remaining lease term of 6.1 years$249.7 million of net debt, all fixed or swapped to fixed, at a 4.5% weighted-average interest rate and 1.5-year average remaining term, resulting in net leverage of 47.5%.
Leadership reiterated a strategy of pruning non-core assets, potentially selling properties at 123 William Street and 196 Orchard, and redeploying proceeds into higher-yielding investments while focusing on leasing, debt refinancing options, and cost control.
American Strategic Investment Co. furnished an investor presentation outlining its fourth quarter 2025 portfolio and capital structure. The Manhattan‑focused portfolio spans five mixed‑use office and retail properties with 80.3% occupancy and a weighted‑average remaining lease term of 6.1 years.
Real estate assets totaled $382.5 million, supported by 100% fixed‑rate mortgage debt of $251.0 million at a 4.5% weighted‑average interest rate and Net Leverage of 47.5%. The top 10 tenants are 69% investment‑grade by annualized straight‑line rent, and over 57% of leases expire after 2030.
In Q4 2025, revenue from tenants was $6.5 million, with a net loss of $6.7 million and EBITDA of $2.3 million. The company highlights ongoing marketing of 123 William Street and 196 Orchard Street for sale, expects significant proceeds, and notes no debt maturities until 2027.
American Strategic Investment Co. reported fourth quarter and full-year 2025 results reflecting a smaller loss but much lower revenue after selling key properties. Fourth quarter revenue from tenants was $6.5 million, down from $14.9 million a year earlier, and cash NOI fell to $1.8 million from $6.6 million.
For 2025, revenue was $43.3 million versus $61.6 million in 2024, while net loss attributable to common stockholders narrowed sharply to $21.2 million from $140.6 million, helped by prior impairments and gains on dispositions. Adjusted EBITDA dropped to $0.3 million from $12.0 million.
The company’s five-property New York City portfolio totaled about 0.7 million square feet, was 80.3% leased with a 6.1-year weighted-average lease term, and 69% of annualized straight-line rent from the top 10 tenants came from investment grade or implied investment grade tenants. Net debt was $249.7 million, equal to 47.5% of gross asset value, and all debt was fixed-rate with a 4.5% weighted-average interest rate and 1.5 years of weighted-average maturity.
American Strategic Investment Co. announced it will release its financial results for the fourth quarter and year ended December 31, 2025 on April 15, 2026, before the New York Stock Exchange opens. The company will host a webcast and conference call that day at 11:00 a.m. ET to review results and discuss business performance.
American Strategic Investment Co. submitted a Form 12b-25 (NT 10-K) notifying the SEC that it cannot file its Annual Report on Form 10-K for the year ended December 31, 2025 within the prescribed period because management needs additional time to compile and verify required data. The company expects to file within the extension period.
American Strategic Investment Co. announced it is postponing the release of its fourth-quarter and full-year 2025 results. The company now expects to publish its earnings and hold the related call on April 14, 2026.
The date change is intended to allow more time to complete customary year-end financial reporting and internal review processes, including finalizing the Annual Report on Form 10-K with its recently appointed independent registered public accounting firm. The company also notes forward-looking risks, including its ability to regain compliance with New York Stock Exchange continued listing standards.